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A lot of people use the word”online shopping” to reference any sort of online transaction between a sale on the internet, however it is more commonly used to refer to sales on auction sites like eBay or online shopping portals. “Web store”, on the other hand, redirects here. An online store evokes the actual physical illustration of shopping products or services at a retail”store” or shopping centre; the action of purchasing here is called consumer-to-customer (C2C). In internet shopping websites, online purchases are made between consumers and companies between users and service suppliers (like resorts, taxi services, etc..)
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Most online shopping arrangements demand consumers interacting with companies through their computers. At this stage, both the customers and the businesses have entered into a contractual relationship called a transactional arrangement or deal. Basically, when a consumer chooses to obtain a product or service from the vendor, the business owner has to provide the purchased item to the consumer by a particular date or within a predetermined period of time. If the company cannot deliver the product on the agreed date, or when the consumer insists on obtaining the item, the online shopping site provides a mechanism for your refund or exchange.
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Real-time internet shopping technology uses sophisticated electronic systems which allow the secure transmission of information along with the transfer of payments in real-time. This technology makes e-commerce more convenient for consumers, thereby increasing customer satisfaction and driving up sales. Consumers enjoy better control over their online shopping experience, since they can make changes or cancel transactions anytime they want to do so.